Cryptopedia - WOO

## What Is WOO (WOO)? WOO powers all the apps in the WOO ecosystem, granting utility, access to yields, and governance rights. With sustainable value capture across most networks, WOO is designed to grow alongside crypto adoption. [WOO X](https://woo.org/) is a high performance centralized trading platform, delivering superior liquidity, execution and advanced trading tools on hundreds of spot and perpetual futures instruments. [WOOFi](https://fi.woo.org/), a decentralized application offering swaps, perps, WOO staking, and yield-generating pools, positions as being “the easiest way to DeFi.” WOOFi is deployed on 11+ mainstream networks including Arbitrum, Avalanche, Optimism, zkSync, and more. WOOFi is regularly a Top 10 DEX by volume, making WOO one of the only tokens that has strong adoption and utility in both CeFi and DeFi.